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PSLF Payment Completion Fairness Act

USA118th CongressHR-2949| House 
| Updated: 4/27/2023
Chrissy Houlahan

Chrissy Houlahan

Democratic Representative

Pennsylvania

Cosponsors (30)
John Garamendi (Democratic)Chris Pappas (Democratic)Marie Gluesenkamp Perez (Democratic)Abigail Davis Spanberger (Democratic)Robert Menendez (Democratic)David J. Trone (Democratic)Christopher R. Deluzio (Democratic)Maxwell Frost (Democratic)Jennifer Wexton (Democratic)Donald G. Davis (Democratic)Nikki Budzinski (Democratic)Joaquin Castro (Democratic)Morgan McGarvey (Democratic)Raja Krishnamoorthi (Democratic)Jerrold Nadler (Democratic)Eleanor Holmes Norton (Democratic)Marcus J. Molinaro (Republican)Salud O. Carbajal (Democratic)Joe Neguse (Democratic)Sean Casten (Democratic)James P. McGovern (Democratic)Maxine Waters (Democratic)Yvette D. Clarke (Democratic)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Josh Gottheimer (Democratic)Michael Lawler (Republican)Kevin Mullin (Democratic)Chellie Pingree (Democratic)Lori Chavez-DeRemer (Republican)

Education and Workforce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Public Service Loan Forgiveness Payment Completion Fairness Act or the PSLF Payment Completion Fairness Act This bill removes the requirement that a borrower must be employed in a public service job at the time of loan forgiveness under the Public Service Loan Forgiveness (PSLF) program. Under the current PSLF program, the Department of Education must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job and, at the time of loan forgiveness, the borrower is employed in a public service job. This bill removes the requirement that the borrower must be working in a public service job at the time of loan forgiveness.
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Timeline

Bill from Previous Congress

HR 117-7465
PSLF Payment Completion Fairness Act
Apr 27, 2023
Introduced in House
Apr 27, 2023
Referred to the House Committee on Education and the Workforce.
Apr 10, 2024

Latest Companion Bill Action

S 118-1331
Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy. Hearings held.
  • Bill from Previous Congress

    HR 117-7465
    PSLF Payment Completion Fairness Act


  • April 27, 2023
    Introduced in House


  • April 27, 2023
    Referred to the House Committee on Education and the Workforce.


  • April 10, 2024

    Latest Companion Bill Action

    S 118-1331
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy. Hearings held.

Education

Related Bills

  • S 118-1331: PSLF Payment Completion Fairness Act
Government lending and loan guaranteesHigher educationStudent aid and college costs

PSLF Payment Completion Fairness Act

USA118th CongressHR-2949| House 
| Updated: 4/27/2023
Public Service Loan Forgiveness Payment Completion Fairness Act or the PSLF Payment Completion Fairness Act This bill removes the requirement that a borrower must be employed in a public service job at the time of loan forgiveness under the Public Service Loan Forgiveness (PSLF) program. Under the current PSLF program, the Department of Education must cancel the balance of interest and principal due on a borrower's Federal Direct Loans after the borrower makes 120 monthly loan payments while employed in a public service job and, at the time of loan forgiveness, the borrower is employed in a public service job. This bill removes the requirement that the borrower must be working in a public service job at the time of loan forgiveness.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-7465
PSLF Payment Completion Fairness Act
Apr 27, 2023
Introduced in House
Apr 27, 2023
Referred to the House Committee on Education and the Workforce.
Apr 10, 2024

Latest Companion Bill Action

S 118-1331
Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy. Hearings held.
  • Bill from Previous Congress

    HR 117-7465
    PSLF Payment Completion Fairness Act


  • April 27, 2023
    Introduced in House


  • April 27, 2023
    Referred to the House Committee on Education and the Workforce.


  • April 10, 2024

    Latest Companion Bill Action

    S 118-1331
    Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy. Hearings held.
Chrissy Houlahan

Chrissy Houlahan

Democratic Representative

Pennsylvania

Cosponsors (30)
John Garamendi (Democratic)Chris Pappas (Democratic)Marie Gluesenkamp Perez (Democratic)Abigail Davis Spanberger (Democratic)Robert Menendez (Democratic)David J. Trone (Democratic)Christopher R. Deluzio (Democratic)Maxwell Frost (Democratic)Jennifer Wexton (Democratic)Donald G. Davis (Democratic)Nikki Budzinski (Democratic)Joaquin Castro (Democratic)Morgan McGarvey (Democratic)Raja Krishnamoorthi (Democratic)Jerrold Nadler (Democratic)Eleanor Holmes Norton (Democratic)Marcus J. Molinaro (Republican)Salud O. Carbajal (Democratic)Joe Neguse (Democratic)Sean Casten (Democratic)James P. McGovern (Democratic)Maxine Waters (Democratic)Yvette D. Clarke (Democratic)Brian K. Fitzpatrick (Republican)Colin Z. Allred (Democratic)Josh Gottheimer (Democratic)Michael Lawler (Republican)Kevin Mullin (Democratic)Chellie Pingree (Democratic)Lori Chavez-DeRemer (Republican)

Education and Workforce Committee

Education

Related Bills

  • S 118-1331: PSLF Payment Completion Fairness Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government lending and loan guaranteesHigher educationStudent aid and college costs